Samsung acquires Harman for $ 8 billion

Posted on Posted in General, Technology, The iReport, Trending

The automobile industry is an industry that is attracting the interest of tech giants, including Apple. This time, however, we speak of the eternal rival of the Cupertino company, namely Samsung , which has acquired Harman for $ 8 billion.

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Samsung and Harman wants to revolutionize the industry of cars, but not with a new car. We present an extract of the press release, which reveals the goal of the two companies’ experience in next-generation car based on the cloud for consumers and companies, with end-to-end services to enrich the automotive industry thanks to the convergence including design, device and data . ”

The one in question is an affair with 8 billion dollars, which allows Samsung to fit firmly in the automobile industry. This is an acquisition that, despite the high economic effort, not surprising that much. The infotainment device Harman are in fact installed on over 30 million cars in the world.

Harman will become Samsung independent subsidiary by 2017 and will be led by Dinesh Paliwal, who then will retain his current role.

But Samsung, with the acquisition today confirmed, also aims to revolutionize the audio industry. Harman fact controls major brands such as JBL, AKG, Becker, Bang & Olufsen, and, of course, Harman / Kardon.

Source: iDownloadblog

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